Which of the following describes a tariff?(1 point)

Responses

The U.S. taxes each piece of machinery imported from the United Kingdom.
The U.S. taxes each piece of machinery imported from the United Kingdom.

The U.S. pays U.S. producers for every piece of machinery exported to the United Kingdom.
The U.S. pays U.S. producers for every piece of machinery exported to the United Kingdom.

The U.S. bans imports and exports of machinery to and from the United Kingdom.
The U.S. bans imports and exports of machinery to and from the United Kingdom.

The U.S. limits the number of imported machinery from the United Kingdom.

1 answer

The response that best describes a tariff is:

The U.S. taxes each piece of machinery imported from the United Kingdom.

A tariff is a tax imposed by a government on imported goods.